Settlement anchored by "Mysteel+ Futures", Tianqi Lithium's pricing system reconstruction.

On December 25th, a document regarding the adjustment of spot settlement prices for lithium salts circulated within the industry. The document indicates that starting from January 1st, 2026, the spot transaction settlement prices for all products of Tianqi Lithium will no longer be based on existing standards, but will be adjusted to reference the battery-grade lithium salt prices from Mysteel, or the main contract prices of lithium carbonate futures from the Dalian Commodity Exchange. The authenticity of the pricing adjustment document was confirmed by company sources. Previously, the company's spot pricing was anchored to SMM's spot prices, but this adjustment was made due to significant price differences with other industry institutions and futures. However, it should be noted that after a recent continuous increase, the high volatility risk of lithium carbonate futures is rapidly increasing.